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MBAGrad, Master's Degree

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I need an answer to the following in APA and in 200word min.

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I need an answer to the following in APA and in 200word min. Thanks. XXXXX XXXXX decides to form a limited partnership with five friends for the purpose of operating a dog walking business. Mark makes himself the sole general partner and the friends as the limited partners. He chooses the limited partnership form, because its default rules clearly grant sole management rights to him as the only general partner. Mark is concerned about having personal liability on contracts he signs on behalf of the limited partnership. What can Mark do to limit personal liability for the obligations of the business to the amount of the capital contribution?

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